2. Une of the current trends in accounting is the measurement at fair value balance sheet items. For confidence and reliability in the measurement, FASB requires the use of Fair Value Hierarchy of inputs. List and describe the 3-Levels of inputs associated with this Hierarchy: 23. One of the two qualitative characteristics of decision useful financial information is enhancing characteristics. How many attributes does enhancing characteristics have? List them: 24. Another attribute of enhancing characteristics is timeliness. What does timeliness mean in the decision usefulness of financial reporting? Briefly explain: 25. Why are new accounting standards subject to cost constraint? Briefly state the reasons: why